Savencia SA : The context in 2024 is looking relatively similar to 2023
>The international segment excl. Europe underpinned 2023 activity thanks to price increases - All regions contributed to growth in 2023 sales at 3.7% to € 6,791m. The international segment (27% of sales) was up 5.7% despite a negative forex impact (-10%) due to robust momentum in the US in food services, as well an activity growth in LatAm (Argentina and Brazil) as well as in Asia (excluding China in retail). Sales in France (40% of sales) were up 3.8%, underpinned by...Savencia is a transformer of milk centered on cheese, dairy specialties, and on dairy ingredients. Co.'s operations are divided into two segments: the Cheese Products segment and the Other Dairy Products segment. In the Cheese Products segment, Co. manufactures and distributes cheeses and cheese specialties. In the Other Dairy Products segment, Co. manufactures and distributes modern butters and long-life creams both for final consumers and professional users, manufactures technical butters and specialized dairy proteins for industrial markets, and manufactures aseptically packaged products.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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